PSP project has finally given a breakout from its weekly trend-line resistance.
Wait for the week close and enter the trade if the price is above the 500 rupees round number resistance.
Weekly support has already been broken with the formation of a triangle patten
Another triangular pattern is being formed which suggest another all time high
Good swing trade setup in NSE:ASAHIINDIA
Price has taken good support over the long term trend line and once the flag and pole pattern breaks can take a conservative trading position.
Safari Industries is in the verge of a breakout from a Pennant pattern.
Keep the stock in watchlist to take a long position when price breaks out with a good volume.
On the weekly chart you will find a cup and handle pattern being formed supporting a bullish move.
Stock has given breakout on weekly resistance 2350.
After breakout price has retraced and now testing the previous resistance level with a good price action.
Watch the stock for a breakout with volume
NSE:CUMMINSIND
Cummins India forming a good descending triangle pattern formation.
Price taking support from previous resistance area.
0.382 Fibo support
